ERW patra pipe prices increased by INR 200-400/t due to improved domestic sales and hike in raw material prices. Offers for base grade ERW pipes (41-60 OD) are assessed at INR 50,500/t exw-Raipur and INR 52,600/t exw-Mandi. Prices do not include GST at 18%. Prices have edged up in the range of INR 200/t in the Raipur and INR 400/t in Mandi Gobindgarh.
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